...affordability was the biggest barrier for homebuyers. When asked what they foresee as the biggest issues facing homebuyers this year, 41% of respondents stated affordability followed by rising interest rates...
Read More »Search Results for: Affordability
Ellie Mae Announces Release of Digital Lending Platform
...that will be delivered throughout 2019. With new Cash-To-Close and Affordability tools in Loan Officer Connect, loan officers can provide prospective borrowers with multiple loan scenarios that they are eligible...
Read More »Studying Mortgage Rate Shifts
...rate advantage. But there’s another factor at play, earnings, which are up 3.2% and coupled with roughly even mortgage payments, this gives buyers an affordability advantage over last year.” The...
Read More »Update on New Home Trends
...affordability. “The Census Bureau notes in the release that ‘it takes 6 months to establish a trend for new houses sold’ as they are among the most volatile and revision...
Read More »West Coast Markets Not Friendly to Affordability
...affordable. When it comes to affordability, Trulia found that 22.5% of all ZIP codes in Pittsburgh had 100% of homes that were affordable. Columbus, Ohio (19.1%), and St. Louis (18.2%)...
Read More »Custom Home Building Remains Stagnant
...As this part of the market cools due to declining affordability, the market share for custom homes will continue to level off,” the report states. A report from the Department...
Read More »Housing Inventory on the Rise?
...is improving, causing wage growth to align with home price growth, which helps affordability and will help spur more home sales.” April did see an increase in total housing inventory,...
Read More »Housing Outlook—Where Is the Market Headed in 2019?
...pace. Finally, wages and home prices are aligning," Yun said. "This is good news for employees." Yun added that this shift is a healthy development toward keeping housing affordability stable....
Read More »The Outlook on New Housing Construction
...slower growth. The NAHB’s Index notes that affordability problems still persist. Additionally, builders are facing an ongoing labor and lot shortages and rising material costs that are holding back supply...
Read More »Transportation Trends and Housing Affordability
Living in a big city requires many things today. A car, however, is not one of them. A new report by Trulia surveyed some of the largest markets in the...
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